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UNDER OFFER

Out-of-town retail property for sale

159 Three Bridges Road, Three Bridges, Crawley, RH10 1JT

POA
Graves Jenkins, Crawley
SIZE AVAILABLE

821 sq ft

76 sq m

SECTOR

Out-of-town retail property for sale

Key features

  • Asset management opportunity
  • Rare freehold interest opportunity
  • Mixed use building
  • Commercial lease on the whole
  • 6 parking spaces (in tandem) allocated

Description

A semi-detached 2-storey mixed-use building comprising a ground floor lock up shop with self-contained 2 bedroom flat above. The ground floor retail unit offers a sales area, store room and cloakroom with separate WC at the rear. There is also an externally accessed lean-to store with timber double doors to Three Bridges Road and a single timber door at the rear. The self-contained first floor 2 bedroom flat comprises a reception room, kitchen, bathroom and separate WC. There is also off-street parking for 6 vehicles in tandem.

The subject property is situated on the north side of Three Bridges Road close to the traffic light junction with Haslett Avenue East, the latter forming one of the main roads out of the town centre of Crawley approximately 1 mile to the west.

The immediate location is mixed commercial & residential in nature with a variety of uses represented. Nearby occupiers include Geddes Chemist, Co-op Funeral Directors & Premier Convenience Store. The Stephenson Way Industrial Estate and Three Bridges mainline railway station are within a 1/4 mile.

There is a Lease in place demising the whole of the premises to one tenant – a private individual. The date of the full, repairing and insuring lease is 6th December 2021 for a contractual term of 10 years, therefore expiring 5th December 2031, with a upward only market rent reviews every 4 years of the term. The passing rent is £16,250 per annum exclusive, payable quarterly in advance. The permitted use is for uses within Class E(a) and (b) of the Use Class Order 2020.

Graves Jenkins has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

A successful bidder will be required to satisfy all Anti Money Laundering requirements when Heads of Terms are agreed.

Brochures

159 Three Bridges Road, Three Bridges, Crawley, RH10 1JT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Three Bridges Station0.3 miles
  • Crawley Station0.9 miles
  • Ifield Station2.1 miles

About Graves Jenkins, Crawley

5 Gleneagles Court, Brighton Road, Crawley, RH10 6AD

Graves Jenkins is an established, leading and independent property consultancy with offices based in Brighton and Crawley, from which we comprehensively cover Sussex, Surrey and the South East region. We provide both commercial and residential estate agency, asset and property management and a range of valuation and property services.

Notes

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